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Saint Kitts and Nevis vs North Macedonia

Crypto regulation comparison

Saint Kitts and Nevis

Saint Kitts and Nevis

North Macedonia

North Macedonia

Legal
Legal

Saint Kitts and Nevis has taken a crypto-friendly approach. No income or capital gains tax. The country accepts crypto for citizenship by investment.

North Macedonia has no dedicated cryptocurrency legislation. Crypto is not prohibited and operates in a regulatory gray area. The general flat 10% income tax rate may apply to crypto profits. The government is working toward EU MiCA alignment and plans to license crypto exchanges by 2025-2026.

Tax Type No tax
Tax Type Income
Tax Rate 0%
Tax Rate 10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Regulator National Bank of the Republic of North Macedonia
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • Crypto-friendly regulatory approach
  • No income or capital gains tax
  • Citizenship by investment accepts cryptocurrency
  • ECCB provides regional monetary oversight
  • Growing digital economy initiatives
Key Points
  • No dedicated cryptocurrency legislation
  • Central bank has acknowledged crypto without banning it
  • General flat 10% personal income tax rate may apply to crypto profits
  • Government working toward licensing crypto exchanges by 2025-2026
  • Working toward EU candidacy and alignment with MiCA regulation